Acid Market Size Insight and Forecast 2023–2030
The Glucuronic Acid Market is expected to grow from USD 2.00 Million in 2022 to USD 3.00 Million by 2030, at a CAGR of 6.99% during the forecast period.
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What is Glucuronic Acid?
Glucuronic acid is a type of organic acid that occurs naturally in fruits, vegetables, and other foods. It is also produced by the human body as a byproduct of glucose metabolism.
Glucuronic Acid Market Size
The glucuronic acid market research report is focused on the market segment based on type, application, region, and market players. The types of glucuronic acid included in the report are Pharma grade, Food grade, and Reagent grade, while the applications are for pharmaceutical, food additives, and scientific research purposes. The regions covered in the report include North America, Asia Pacific, Middle East, Africa, Australia, and Europe. The market players included in the report are Anhui Hegeng Biology, Kalion, Beijing Chemsynlab, Shanghai Meng Yabio, Guangzhou Roles-Bio, and Shanghai Baomanbio. The report also covers regulatory and legal factors specific to market conditions, such as government policies, import/export regulations, and industry standards. The global demand for glucuronic acid is expected to grow in the coming years due to its various health benefits, including detoxification, anti-inflammatory, and anti-viral properties.
Glucuronic Acid Market Segment Analysis
The latest trends in the market, the production of Glucuronic Acid through synthetic pathways is gaining traction, as it offers a cost-effective and sustainable alternative to natural sources. Additionally, the development of new drug delivery systems and the use of Glucuronic Acid as a building block for new drugs are also driving the market forward.
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